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deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
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deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
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retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between … retirement age and benefit level. The present paper is devoted to analyzing the long-run financial implications of such a reform …. We show that with actuarial adjustments the long-run contribution rate is an increasing function of the retirement age …
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